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Question 3: Master Data 1 The reason why the ERP system uses a complex pricing approach is because it displays all relevant information about the
Question 3: Master Data 1 The reason why the ERP system uses a complex pricing approach is because it displays all relevant information about the costs associated with the purchase. The calculations are also based on the conditions that are set by the company itself, who uses the SAP system. 1 For instance, when creating customer quotation, you can specify condition master data (i.e., pricing, discounts, taxes, surcharges, etc.) to be dependent on various data. As a result, the pricing procedures defines which condition types are to be used to calculate final price.Question 4. Control of Master Data 1 The display shows a step-by-step process of the material (i.e., professional touring bike (black), deluxe touring bike (black), from creating an inquiry to sending out the invoice. It also displays other relevant data such as quantity, unity, reference value, date which the process began, time and the status of each process. When clients have additional queries 1 about their orders, they can turn to this display. For instance, if the customer asks about the invoice, the corporation can use this document flow to inform him or her the amount, the date and time when it was created, and the status of the invoice. The display is also a great way for the organization to keep track of its inventory. If something goes wrong with the sales orders, this document flow can be used to determine which steps have yet to be completed and report it back to the customer
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